Sales Activity Last week, one property went under contract after 199 days on the market, a new Snowmass Base Village 3 Bdrm/3 Ba, 1498 sq ft slope side condo. Originally priced at $2.995M, it was reduced to $2.495M. Additionally, some Residences at Little Nell fractional units closed according to published reports in the Mountain Business Journal. See the transactions. Seven 3 bedroom units closed in the range of $1.2M-$1.75M. and one 4 bedroom, Unit F313, closed at $2.95M. Read More
Use this site as an Aspen real estate resource. The Estin Report has been accumulating Aspen real estate information online since 2005, and the reports include historical market information dating back to 2003-2004. Search by MLS #, date, topic, address, condo complex, development name, etc. If it is Aspen Snowmass real estate related, it is likely to be here.
Aspen Land Values and Opportunities: Winter & Spring 2007
Land value drives real estate prices. And as vacant land in Aspen is almost impossible to find, Read More
Aspen Real Estate as a Safe Harbor
In last week’s column (Dec 21-26th), I focused on major demographic and socio-economic trends Read More
November 15 – 22, 2015 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (8) + Under Contract / Pending (11)
The Estin Report: Oct 2015 Aspen Snowmass Market Snapshot wasposted 11/01/15 inCurrent Reports.The Snapshots are released on or near the 1st Monday of the month. Read More
Aspen-Snowmass Condos: Summer 2007
The Aspen/Snowmass condo market is as hot as ever. Read More
The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (16) and Under Contract / Pending (10): Dec 16 – 23, 2012
Last weeks sales activity is published below. Scroll down page for photos and details of weekly solds and under contract /pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow for the blog archives by year and search by… Read More
Dec 4 – 11, 2016 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (14) + Under Contract / Pending (7)
The Nov 2016 YTD Aspen Snowmass Real Estate Market Snapshot will be posted late Tues Dec 13th. The Oct 2016 Snapshot was posted on Mon Nov 7th in… Read More
1610 Homestake Dr Off Cemetery Ln Sold at $4.5M/$1,069 SF Unfurn
Aspen Real Estate Market Last Week’s Sales: Apr 19 – 26, 2020 – Week 17 Closed (2) + Under Contract / Pending (6). [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.] The Estin Report… Read More
The Estin Report Aspen Snowmass Real Estate Weekly Market Update: Closed (8) and Under Contract (11): Sept. 25 – Oct. 2, 2011
The Estin Report: 3rd Quarter 2011 (July 1 – Sept. 30, 2011) – State of the Aspen Real Estate Market to be released Fri. Oct 6, 11. Tim Estin is an active Aspen real estate broker with Mason Morse located in… Read More
Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (8) + Under Contract / Pending (12). Highlight: In-town Aspen 2004 built 5 bdrm home sells at $4.3875M/$852 sq ft unfurnished
On April 2, 2014, The Estin Estin report released March 2014 Market Snapshot of Aspen Snowmass Real Estate in the current reports section. The monthly snapshots are released on or near the 1st Monday of each month. Read More
April 10 – 17, 2015 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (6) + Under Contract / Pending (7)
The Estin Report: March 2016 Aspen Snowmass Real Estate Market Snapshot was released April 10, 2016inCurrent Reports. The Monthly Snapshots are posted on or near the 1st Monday of the month. Excerptfrom the Mar 16 Aspen… Read More
1998 Maroon Creek Club Home at 1205 Tiehack Rd Closes in Deal Territory at $5.45M/$813 sq ft
Dec 31, 2017 - Jan 7, 2018 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (3) + Under Contract / Pending (5)
The Dec 2017 Market Snapshot will be released early this week. I discovered a Sold Price/Sq Ft bug in the Aspen Glenwood MLS data, and it is in the process of being fixed they say. Stay tuned.
New in Charts in Current Reports:
12/23/17: Charts: 2017 Aspen Sales by Neighborhood and Property Type and Downtown Condos Fly High - new charts to be included in my year end 2017 report to be released soon.
11/20/17: Where are we now? Chart Series: 2006 – Q3 2017 Historic Pace of Aspen and Snowmass Village Dollar and Unit Sales (updated every quarter).
Clients often ask, “Where are we now compared to the Great Recession…?” My interest in creating this series of charts is to answer that question for myself and to offer a visual reference for that conversation – to compare Aspen and Snowmass Village sales activity now to pre-recession mid-2000’s levels...Read more
Estin Report: Nov. 2017 Aspen Snowmass Market Snapshot was posted on Dec 6th in Current Reports.
Nov 2017 Bottom Line
Nov 2017 continues the strong performance we’ve experienced throughout the year. We are close to beating the record year 2015.
Standout categories for the month of November are:
1) Aspen condo sales up 31% YTD while inventory of available listings is off -29%. In the 3-mos sales period from Sep-Nov 17, the avg condo/townhome sold at $1,731 sq ft over $1,346 in the same period Nov 2016, +29%.
2) Value outside Aspen Core: an example of excellent values away from the Aspen Core, Starwood had (3) sales Sep-Nov 2017 at an avg $610 sq ft vs $830 sq ft same period a year ago, -26%. The caveat: these sales were for older homes selling essentially at lot value, but for reference, compare this to the avg. (3) downtown SF home sales at $2,227 sq ft in the same period.
3) Snowmass Village values: SMV has been very active in Nov 17 with (16) sales vs (7) last year, +129%; dollar sales even better – $29.7M vs $6.9M, +331%. Of (4) Ridge Run SFH sales Sep-Nov 17, the avg sale was $635 sq ft vs $1,095 same period last year. SMV opportunities continue…In general, prices are similar, if not down incrementally, from last year. Read More
